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Direct linkPeter Hinrichs – W. E. Upjohn Institute for Employment Research, 2025
This paper studies families' capacity to pay for college in the United States, focusing on changes over time and differences by race and socioeconomic status. I use data from the National Postsecondary Student Aid Study (NPSAS) to document changes over time in the Expected Family Contribution (EFC) from the Free Application for Federal Student Aid…
Descriptors: Paying for College, Educational Finance, Parent Financial Contribution, College Students
Peter Hinrichs – W. E. Upjohn Institute for Employment Research, 2025
College is a worthwhile investment for many people. Research shows that attending college is associated with a variety of benefits, including higher earnings, a lower chance of being unemployed, greater job satisfaction, and better health (Oreopoulos and Salvanes 2011). However, these benefits come at a cost. As many current and prospective…
Descriptors: Paying for College, Educational Finance, Parent Financial Contribution, College Students
Peter Hinrichs – National Bureau of Economic Research, 2025
This paper studies families' capacity to pay for college in the United States, focusing on changes over time and differences by race and socioeconomic status. I use data from the National Postsecondary Student Aid Study (NPSAS) to document changes over time in the Expected Family Contribution (EFC) from the Free Application for Federal Student Aid…
Descriptors: Paying for College, Racial Differences, Socioeconomic Status, College Students
